0001078782-01-500036 Sample Contracts

SYNTHETIC BLOOD INTERNATIONAL, INC. STOCK OPTION AGREEMENT
Stock Option Agreement • September 12th, 2001 • Synthetic Blood International Inc • Services-commercial physical & biological research • California

THIS STOCK OPTION AGREEMENT is made this 23rd day of August 2001, by and between Synthetic Blood International, Inc., a corporation formed under the laws of the State of New Jersey (the "Company"), and Andreas Camenzind, a citizen and resident of Zurich, Switzerland (the "Optionee").

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SYNTHETIC BLOOD INTERNATIONAL, INC. STOCK OPTION AGREEMENT
Stock Option Agreement • September 12th, 2001 • Synthetic Blood International Inc • Services-commercial physical & biological research • California

THIS STOCK OPTION AGREEMENT is made this 6th day of June 2001 by and between Synthetic Blood Intemational, Inc, a corporation formed under the laws of the State of New Jersey (the "Company"), and James Reavis, a citizen and resident of the State of Florida, (the "Optionee").

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